Best Loser Wins - Flip The Switch

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  • Опубликовано: 22 янв 2025

Комментарии • 476

  • @AnalystAndy
    @AnalystAndy 2 года назад +323

    Best man. Tom changed my trading game. He is the single most honest guy in the trading game.

    • @DavidElstob73
      @DavidElstob73 2 года назад +26

      True story. Tom is everything the fake gurus should be.

    • @andersdall7192
      @andersdall7192 2 года назад +1

      @@DavidElstob73 Spot on

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +2

      Thank you 🙏

    • @ruggedsailor2090
      @ruggedsailor2090 2 года назад +3

      True Tom is An example of a true trader...

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +7

      @@guyredares No one asked you to be here. If you don't like what we provide for free ... with no stupid youtube ads. I bet you can find a lot of other channels.

  • @Natureeye500
    @Natureeye500 Год назад +25

    Im not a trader but i read this book its switch my mindset to 95% to 5% not complete but im trying...i got this massage to my life.not to trading..thank you Tom ❤️❤️

    • @thelonewolf550
      @thelonewolf550 10 месяцев назад +2

      it shocked me when i realized that ive been working wrong this whole time now i am confused on what to do i just bought the book so im going to start reading it and after i finish i will just try to figure out what to do next but it hit me man i still want to trade i just dont know where or how to go and how to do it i started to give up but im going to do something new and just watch the charts everyday i dont care anymore

    • @combatsbbl
      @combatsbbl 15 дней назад

      What book?

  • @NATURE03218
    @NATURE03218 2 месяца назад +13

    Am giving Tom his flowers 💐 while he's alive, this Is indeed A Legend.

    • @paneah442
      @paneah442 2 месяца назад

      HAHAHA mpe maua yake

  • @slawomir1383
    @slawomir1383 2 года назад +45

    I lost some position but then I reminded myself all that Tom is trying to teach ( inculding today subject - best looser wins ) and ended day with a profit... his live trading videos are awesome and I treat it like a mentorship :) Great Job as usuall.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +3

      Good job. And I agree you can find good sections on most streams. I try to get time stamps for all ... but it really takes time.

  • @kingdemon4236
    @kingdemon4236 2 года назад +56

    What the 95% do:
    1) Buy the dump. Trying to find the lows instead of looking for a place to short.
    2) Short the pump. Trying to the find the highs instead of looking for a place to buy.
    3) Adding to losing positions.
    4) Not adding to winning positions.
    5) Increase position size when losing trades and decrease size when winning trades.
    6) Taking profits because market will take away their profits
    7) Increasing stoploss because market will reverse
    8) Starting trading with high sizes to get the dopamine from gambling and getting huge rewards.
    What I do, why? Because I aspire to be a consistent winner:
    1) Look for a place to buy in a mark up phase and a place to sell in a mark down phase.
    2) Add to winning positions
    3) Reduce size when I'm losing and increase size when I'm winning.
    4) Take profits systematically and hoping to get more profits. And always looking to decrease my risk.
    5) Trade with lower size to get my mentality and trading better and then increase size gradually over a number of trades and samples.
    6) Waiting like a lion for my trade. Not trading every market movement. And if I fail, I try again, and again, and again. Does a lion give up because he fails one time? No.
    Thank you TraderTom.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +3

      You sum it up pretty well 👍

    • @jominksimon9296
      @jominksimon9296 2 года назад

      😍😍😍😍
      No words!!!

    • @capdui
      @capdui 5 месяцев назад +1

      Uhm no, buy the dump is the best because it is the original of the new (up) move. This is the trap that catches all the retail traders, but you need correct tools to spot institutional buying and not from liquidity providers 😂

    • @RakeshDas-wl2iw
      @RakeshDas-wl2iw 13 дней назад

  • @happyhawn1856
    @happyhawn1856 2 года назад +3

    “What is your process?” Best place to start as a trader. Excellent video Tom.

  • @thomasblade4788
    @thomasblade4788 2 года назад +22

    Your videos really opened my eyes on how i see trading, especially when you said at a talk ' Most people who trade are smart, but that's exactly why most are losing, thinking smart and logic is exactly what doesn't work ' something along those lines. Since then i threw everything i knew out the window and focused on taking positions where no one dares to, and to much better sucess, so i want to thank you for sharing your knowledge and wisdom

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you, Thomas, I have posted links to "Best loser wins" article in the description/pinned. If you haven't read it you should.

  • @pedrosoares7139
    @pedrosoares7139 2 года назад +7

    Just came here again to say that you changed my life, man. Will never be able to thank you enough. Take care, my man!

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +2

      NO, you did it - Tom perhaps guided you in the right direction Good Job 👍

  • @subbuc926
    @subbuc926 2 года назад +5

    Tom Completed your Book and Loved it.. It looks Bhagavadgita of Trading Psychology.. I need to read 5 more times to sink in the content for Practicality. You deserve the BEST. Awesome last chapter.🙏

  • @abdullashaban2747
    @abdullashaban2747 2 года назад +8

    One of the best traders, you completely changed my mind and psychology to the best, thanks

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you Abdulla 🙏 That is great to hear.

  • @nirmala7990
    @nirmala7990 2 года назад +6

    I am an Indian trader, live in Salisbury UK. Following you since a month. Excellent & knowledgeble videos. Thanks a lot....

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you 🙏

    • @dog24
      @dog24 Месяц назад +1

      how you doing nirmala

    • @nirmala7990
      @nirmala7990 Месяц назад

      @dog24 Hey... I am good, thanks

    • @dog24
      @dog24 Месяц назад

      @nirmala7990 so how's going your trading journey 🙂

  • @Cachoeira1986
    @Cachoeira1986 2 года назад +14

    Dear Tom, you definitively helped me out with my trading and I did not regret to buy your book + to watch your video - especially the last advice to focus on the process beeing professional rather than getting angry. Thank 1000 times, Tom, I hope to see you once in person and to be able to tell you my personal success story!!

  • @greghudson8263
    @greghudson8263 Месяц назад

    Found Tom’s videos by accident. Since then, bought his book and watch his videos daily. The most honest trader you’ll find on social media. The content and education has opened my eyes. Process, Process, Process. Thank you Tom!

    • @yaircarrillo7365
      @yaircarrillo7365 29 дней назад +1

      Same bro. I was on a strategy video when I flipped it by accident then the 2hr one played. From London conference. I was hooked when he was talking about trading psychology. He changed my direction in trading.

  • @cryptosquall3535
    @cryptosquall3535 4 месяца назад +2

    Honest videos like this give me great joy and confidence watching a big player like Tom being transparent about his losses and wins, it sets my state if mund back on earth I cannot thank you enough sir from the bottom of my heart, thank you🙏.

  • @britdoestravel
    @britdoestravel 2 года назад +5

    Amazing trader with brass balls. Refreshing to see a totally open and honest trader. All the best to you Tom.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you 🙏
      You will find other good content on the channel.

  • @cancerberoes
    @cancerberoes Год назад +2

    Again, really important video for me. When I lose a trade I usually try to double my position in the next trade, instead I should cut it by half as you suggest, to calm my mind. Thank you for you great teachings!

  • @krisbailey4279
    @krisbailey4279 2 года назад +4

    Great content Tom! No flashy guru shit, just calm rational thinking, it’s a breath of fresh air! Cheers 🍻 from 🇨🇦!

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +1

      Thank you Kris 🙏 that is exactly what we try to do. We have no ads here we sell no t-shirts or cups. The t-shirt thing is a mistake - I would love to have the shark quote on a t-shirt ;-)

  • @AnthemDrums
    @AnthemDrums 2 года назад +10

    I was elated when my copy came - earlier than expected as well. This is a great book! I love the story of the first time Tom added-on to a trade. The next day after reading this, I entered a trade as the emini was breaking out below supp - the next bar closed at its low, so I added on. It felt great! I am learning to trade and my expectations are that of a learner and it feels great to do something that I know I should be doing. Love your work Tom Hougaard!

  • @chilidog73
    @chilidog73 2 года назад +1

    Thank you Tom for the Telegram channel and all the help you give! It is very much appreciated.

  • @malusimathaba4040
    @malusimathaba4040 Год назад +1

    i've been following you for over 2years now TOM theres none other who does it best then you so transparent and honest about what TRADING Is and what it isnt

  • @Arc-
    @Arc- 5 месяцев назад

    Criminally underrated video that is 2 years old and still relevant to traders at a fundamental level. This is the video that got my sub. Thanks Tom

  • @wardosman2875
    @wardosman2875 Год назад +2

    Truly admirable trading and transparency Mr. Tom - I will learn from this lesson and reflect, thank you sir

  • @GForceimpact
    @GForceimpact 2 года назад +9

    Brilliant video Tom! You REALLY shine in so many ways when you're on video format! Your voice, manner, tone, warmth and humor. Please do more video work with your live trading! Cheers and thank you for all you do!

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Grant X you should really watch Tom live on stage ... That energy he gives is just amazing.

  • @paulsocki
    @paulsocki 2 года назад +5

    Thank you for all your efforts Tom. I was having a bad morning but listening to you on telegram really helped me remember how important it is to just breath! And get back in the game and go back to the fundimentals of your trading program.
    I really am so happy the publishers have fast tracked your book... can't wait!

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you, Paul, 🙏 15-30 min of fresh air also helps a lot when you have those mornings.

  • @mariosam2
    @mariosam2 2 года назад +5

    Thanks man. I am a follower of you telegram but never send a message. Anyway i want to say thank you. You re the only one that post the trades before happening.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you 🙏 ... most gurus are busy selling online courses, paid for rooms or indicators.

  • @Tradefusion
    @Tradefusion Год назад

    Indeed!!!!!!!!!!!! the Only True Honest Person I've seen in 15 years!!!

  • @Vester547
    @Vester547 8 месяцев назад

    I am so glad I found your channel and website Tom. It’s been a huge help learning and you can’t imagine how much I appreciate that you’re giving all that help for free. It’s amazing what you do 🙌🏻 Next I have to read your book!

  • @powerfulsparks
    @powerfulsparks 4 месяца назад

    This is now by far my favourite channel on trading❤

  • @durgeshvj4749
    @durgeshvj4749 2 года назад

    appreciate ur efforts to teach rookie traders... ur youtube channel is so underrated... gold level knowledge by a top class trader

  • @travelgirll
    @travelgirll Год назад

    Thanks Tom! Deeply appreciate your work

  • @ZxZ239
    @ZxZ239 11 месяцев назад +1

    I agree with you fully, before I was soley focused on whatever I make or lose money at the end of the day, now looking back on it, it was more luck than anything else. Now at the end of the day, I count how many trade I did was following my own rules vs let my mental pitfalls take over, even if by the end of day I was losing but if I was following my rules than that day would be a success. Same for if by the end of the day I was earning but I traded base on fomo, chasing, revenge etc. than I would consider that day a failure.

  • @razmikgharibyan3114
    @razmikgharibyan3114 4 месяца назад

    Why is this lowkey the best trading video on the planet.

  • @bernsvlogs9462
    @bernsvlogs9462 4 месяца назад

    Your Book "The Best Trader Wins" is just very helpful. I really appreciate you writing this to help other people. It woke my inner self to be more aware of me. Thank you so much Sir and Godbless you and your family!

  • @isaacteti2747
    @isaacteti2747 2 года назад

    Never heard of honest forex talk than what i heard from Tom Hougard..cheers man

  • @zaid5861
    @zaid5861 2 года назад

    you cant find anyone more honest than him. i listen to him trading everyday, hence i cannot catch his trades since market moves fast but he is a good trader and in the middle he tells good jokes and stories. keep up the good work mate.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      I think it is more important that you learn vs earning some points 👍 lol Tom and good jokes in the same sentence 😉

    • @zaid5861
      @zaid5861 2 года назад

      @@LennieClausen_dk yes, i learnt a lot from him. :)

  • @shanazmohammed2655
    @shanazmohammed2655 2 года назад

    I was soooo happy to see a RUclips notification that Tom had posted a new video! Yips. Thank you again for your wise words.

  • @jagparuchuri7558
    @jagparuchuri7558 Год назад

    Adding to winners. Excellent. Thanks Tom. You are a Legend.

  • @nhumwha
    @nhumwha Год назад

    Tom, I applied pyramiding winning position as you teach in the book. It was really difficult mentally at first however it worked very well. Before that, I always scaled out winning trade. It feels good but not the right thing to do. Thank you very much.

  • @ziyaadhjulius2645
    @ziyaadhjulius2645 2 года назад +1

    Recently found out about you wish i found you sooner. Watching someone share information without trying to sell a course feels refreshing. It always puzzled me why successful traders need to sell information or sell courses because if they focusing on selling courses when are they trading themselves and I think the truth is they aren't. Much easier getting money from people who want to learn than risking it in the market.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      As Tom said on a stream we don't have to screw you to make money we can do it together.

  • @mattfalco_
    @mattfalco_ 2 года назад +3

    Thank you for your time and effort in helping developing traders. Your book hit home in a major way. Blessings to you Tom.

  • @Elena-yu3mt
    @Elena-yu3mt 2 года назад +3

    Mr. Tomorrow I am watching you closely for two weeks now. I love your style and your hard work! You are an inspiration for me. Thank you for sharing with us and all your effort to teach us! Thank you 💛

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you for taking your time to watch 🙏
      If you are new here you should watch London talk part 1,2 and 3.
      Link to part 1: ruclips.net/video/pDPv0k1K7bI/видео.html

  • @adecraig
    @adecraig 2 года назад +1

    I have just finished the book less than 30min ago. Absolutely love it and love you for doing what you do. God bless 💙

  • @TordoRodado
    @TordoRodado 2 года назад

    Genius!!! You are the best Tom, thanks, I've been following for a year or so.

  • @1MillionareMentor
    @1MillionareMentor 2 года назад +1

    Amazing content, I came across you by accident Tom, and thank god I did. There is only word that sums you up my friend. You have 'INTEGRITY' . !! Have read you book 'cover to cover' every single word is a golden nugget'. If that does not show people how to join the ranks of the 10% of traders who make money, I don't think anything will. God bless you my friend, you have a good heart and the only person in the trading arena not ripping people off selling useless courses. The crazy thing is ALL your stuff is 100% FREE. I mean if that does not motivate anyone to get of their back side to learn the skill of trading , then they don't deserve to be a success in the first place.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      And as crazy as it sounds I am working on 2 or 3 videos to be posted soon. We/failed to/refused to turn on ads,,, Stay tuned.

  • @thomasalimohamadi9140
    @thomasalimohamadi9140 Год назад +1

    Thank you Tom for sharing your honesty 🙏🏻

  • @rhknight9877
    @rhknight9877 2 года назад

    Tusind tak, Tom, for at lave denne utrolige video. Jeg elskede det so meget!

  • @ion.C1755
    @ion.C1755 7 месяцев назад

    Really difference making details and aproach! Thank you!

  • @michaelheschl-mendoza1076
    @michaelheschl-mendoza1076 2 года назад

    Wow! What a great and transparent way of showing how you handle losses. Thank you Tom!

  • @anthonyadams3226
    @anthonyadams3226 2 года назад +3

    Thanks Tom for yet another awesome video. An amazing amount of knowledge you pass on to us and I as well as many many others are grateful for the non BS.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you, Anthony, 🙏 It is always great to hear that our (Tom's) helps people.

  • @TraderAlvinC
    @TraderAlvinC 5 месяцев назад +1

    Hi Tom. I am very grateful to come across your videos and the simple methods one should learn and be aware of while trading. Thank you so much for helping everyone who wants to learn with clear mindset. I wanted to know if you have shared videos about the STOP LOSS strategies you follow. I have heard terms such as Tight SL in this video. Please help.

  • @stdm201
    @stdm201 2 года назад

    I surely agree with your basic philosophy. Clearly there is hardly anything such as winning or even losing....its really a matter of how we think of what is happening to us. Which is clearly different to the perception game most humans instinctly gravitate towards!

  • @henriettatan
    @henriettatan 11 месяцев назад

    When Tom speaks I listen 👍🏻

  • @harishshrisai7062
    @harishshrisai7062 Год назад

    Wonderfully explained a very valuable insight....grateful to you...and most importantly highly impressed by your regards to your mentor Dr VP..whom I do admire a lot...regards

  • @criandotec
    @criandotec Год назад

    He doesn't Know , but he IS one of my BEST mentors , greetings from Brazil😊

  • @Itsupthere123
    @Itsupthere123 6 месяцев назад

    This the best free information

  • @Happy99918
    @Happy99918 8 месяцев назад

    Great video showing the chart and explaining is very helpful 🙏🏻 thank you

  • @MyName-fs4xj
    @MyName-fs4xj 2 года назад +1

    Thank you Tom. I probably learn the most from you…

  • @mnsterkn3153
    @mnsterkn3153 2 года назад

    Dear tom.
    We trust you i personally lost 150 points.there were moments where i could have closed my trades with a mere loss of 50 points when i read your message that said but i didn't because you didn't said to close it ,i watched it hit my stoploss ,and didn't did any thing why because i trust you and i know you will guide us with all of your knowledge and experience as a mortal human being.you know there is a saying"there are no mistakes in life only lessons".
    And i have started trading with you its been three days.just do your homework and learn from your mistakes.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Hello
      It is annoying Tom has spent both money and time to get the trades out faster and this happens.
      BTW youtube blocks most of your messages because you often forget a "space" after a ".". Just if you wonder if we delete them we don't. So now you know what to do to avoid this else I'll find them and unblock them.

  • @alexandraujah590
    @alexandraujah590 23 дня назад

    Thank you you for this video, you have help me to see what is really inside of me, thank you!

  • @kelcamer
    @kelcamer 5 месяцев назад

    What an amazing video! thank you for sharing this!

  • @tomrydzik9539
    @tomrydzik9539 2 года назад

    Perfect.Perfect.Perfect..Thanks Tom!!!

  • @Patso65
    @Patso65 4 месяца назад

    Excellent message Tom, thanks for sharing.

  • @davidmadle5007
    @davidmadle5007 2 года назад

    Tom many thanks for all your helpful contributions.

  • @gweiner2252
    @gweiner2252 2 года назад +1

    amazing, a REAL trader

  • @myanmarforexacademy5617
    @myanmarforexacademy5617 2 года назад

    Watching your videos, the change is taking place inside of me.

  • @harshkhosla5561
    @harshkhosla5561 Год назад

    Your voice so calming Tom 💪💯

  • @erfanghaderi6102
    @erfanghaderi6102 2 года назад +1

    i really admire you and thanks to you dear tom

  • @olaoyefaith
    @olaoyefaith 2 года назад

    Thank you tom ❤ reading your book and mark Douglas trading in the zone has reset my psychology has changed my life.

  • @TheLostSingles
    @TheLostSingles 2 года назад

    What he says is so true. I see myself in the 95% gang almost everyday. I bought the book today.

  • @dileshkhandhadia4327
    @dileshkhandhadia4327 2 года назад

    This is another Golden lesson Tom! Thanks very much!!

  • @T333trading
    @T333trading 2 года назад

    Wow those pictures is an amazing idea, thanks for the tip, just looking at the picture and gaining an understanding what what free solo climbers are doing is insane to me but just a walk in the park them in my modest opinion, great content you gained my like and subscription

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Welcome to the community. But we are traders doing our best to help and teach other traders. It is always nice with a like but we don't look much at that. We are even so poor RUclipsrs that we have not turned ads on this channel. I hope you find videos of value to you on the channel.

    • @T333trading
      @T333trading 2 года назад

      @Lennie_Clausen the channel is a hidden gold mine, it's not for everyone because its the finer things that assist you to success in trading, this video has came at a perfect time I was up 200 then went down to 77 overall for the week but I found two new things that happened to me that didn't happen on back testing so I reviewed my trades and saw the issues now I'm award of it and have made adjustments in my trade plan so the loss produce a lesson for me

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +1

      @@T333trading GOOD JOB! and YES we know we will never get 1 mill subs. We don't do secret ema cross for beginners. We kinda EXPECT we deal with committed people.
      If you are new here I would recommend the first video we ever posted. I think it is so undervalued... but yes I am a little colored on this topic.
      Have a nice weekend
      ruclips.net/video/d7wQIsdiXZQ/видео.html

    • @T333trading
      @T333trading 2 года назад +1

      @Lennie_Clausen amazing video thanks for sharing this with my before every trade / every trading day I will condition my mind with this.
      Iam detracted from my emotions when entering the market, iam detracted from my expectations of each trade as long as i stick to the process the profits will be endless expect nothing from each trade, I accept all the pain necessary while trading the market, I accept every loss as the cost of business and the imperfections of our physical reality, I am a risk taker and I accept all the risk to be an consistently profitable trader I am beyond a normal person

  • @konradkudzia28
    @konradkudzia28 Год назад

    Great book, I've swallowed it it few sessions. Thank you for sharing your experience.

  • @alpha1st908
    @alpha1st908 2 года назад

    Thank you tom ,i have ordrerd your book ,cant wait 👍

  • @iavadin9601
    @iavadin9601 3 месяца назад

    I very appreciate Tom‘s work. He’s really pushing himself. For the last couple of months I follow his DAX signals over the browser extension. I can say this: Tom cannot do proper technical analyses. His entries are based on assumptions, mostly that breakouts will be successful, but they mostly fail, so his trades.

  • @astralchemistry8732
    @astralchemistry8732 2 года назад

    Gold nuggets all over this video (as always)! And thanks for reminding me how to ACTUALLY trail the SL. Guess I forgot about the new H/L requirement along the way.

  • @remiandrepedersen868
    @remiandrepedersen868 2 года назад

    Yes, this is very much mentally, I have noticed, so I really appreciate you taking the time to help us beginners👍

  • @simchashaulov8929
    @simchashaulov8929 2 года назад

    ur such a blessing we love you

  • @aniketgupta4407
    @aniketgupta4407 4 месяца назад

    the goat of trading 😎✌ TOM

  • @donkeyface
    @donkeyface 2 года назад

    The Disgust Chapter… 🤯
    Thank you!

  • @TPObookmap
    @TPObookmap 2 года назад +1

    Thank you Tom! Love what you do. Would love to see more live youtube trading

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you 🙏
      I'm not sure you will see any streams soon. I doubt we see anyone before the London event. And after that Tom will take a few weeks of vacation.

  • @kalhail7253
    @kalhail7253 2 года назад

    You are an inspiration for me sir. Thank you for sharing so much free of cost for us to learn.

  • @lucreziamorganti9115
    @lucreziamorganti9115 2 года назад

    Your sessions are just pearls!! Thank you Tom!!👍👍👍

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      Thank you 🙏 - Try to watch some of the streams. We have time stamps on most. You can find pure gold on most streams.

  • @morsonx
    @morsonx 2 года назад

    What a very interesting commentary video , only after hearing you on Trading nut podcast and really enjoyed listening to you talk about the psychology aspect of Trading. Looking forward to going through more of your material. Thank you Tom!

  • @TheStrataminor
    @TheStrataminor 2 года назад

    Haven't seen you around Tom!! Nice to have you back mate!!

  • @KebabOpposer
    @KebabOpposer 2 года назад

    After though day of trading and research
    I love to hear your videos. Alwasys straightens up my head.
    Thank you for the mentorship.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +1

      Welcome to the community.

    • @KebabOpposer
      @KebabOpposer 2 года назад

      Cheers.

    • @IonutGabrielLica
      @IonutGabrielLica 2 года назад

      @@LennieClausen_dk your work is outstanding as well. Thank you.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      @@IonutGabrielLica Thank you 🙏

    • @IonutGabrielLica
      @IonutGabrielLica 2 года назад

      @@LennieClausen_dk would be possible or feasible to have an official service users channel or a FB group perhaps for moaning and bitching? 😁 In this moment the communication is mostly from one direction which is great, don't take me wrong, but I think would be interesting if we can share some thoughts.
      Thank you Lennie.

  • @MustafaKaykisiz
    @MustafaKaykisiz 2 года назад

    You are a legend, you are my hero, loving being your student

  • @FXTrader247
    @FXTrader247 4 месяца назад +7

    Only a trader looks forward to mondays and dislikes the weekend 😂

  • @floydsmithjr7999
    @floydsmithjr7999 Год назад +1

    The last trade I took, 2 days ago, the 5 minute turned, the 1, the 15, even the 1 hour turned, finally a stubborn resistance was broken, I entered. The very next 1 minute candle, a devestatating red dagger that blew right past my stop, I exited immediately with an unacceptable loss. It was the right exit because the next 3 candles dropped like a 10 pound stone in a pond. About an hour later it managed to retrace back up to break even but failed at resistance again. If I had held on I most likely wouldn’t have survived the price action and taken a devestating loss.
    The point is, relative to this video, I didn’t step back far enough, looking at the macro. The chart looked good, but it was an option expiration Friday coupled with a few lackluster earnings reports, the sentiment was not on my side.
    It’s so important to take EVERYTHING into account. My first instinct prebell was logout and take a 3 day weekend. I didn’t and I paid for it.
    The most important lesson for me from this trade, coupled with recent past experience, is
    “Don’t trade on Friday’s”
    mostly because my brain is winding down from the week and not functioning properly. Know thyself.
    Remember:
    The market isn’t going to do what you want it to do, the market is going to do what it wants to do, and rationality and logic are not in its game plan.
    My favorite statement from anyone in this business is from Warren Buffett:
    Rule #1 - Don’t lose
    money.
    Rule #2 - Follow rule # 1.

  • @ayar7437
    @ayar7437 2 года назад

    Thank You Tom, Very good video. Flipping the Switch is definitely the a thing to master. Its funny as traders we get into the zone and think "this" is the only trade..if it comes a loser we forget there is still time left, stick with the process forget the lost. It challenging at times. Anyways Thx Bud.

  • @blackranger900
    @blackranger900 Год назад

    i cant imagine being down 58k pounds after a couole bars... ty so much for your efforts to help people with their psychology

  • @carlost8773
    @carlost8773 2 года назад

    Fantastic vid Tom ... Gratitude

  • @alisalam5291
    @alisalam5291 2 года назад

    Thank you for what you do! Giving back has always being your mantra and boy have you exceed giving back and more!

  • @tradingbuddysystem7416
    @tradingbuddysystem7416 Год назад

    I just finished reading and re- reading your book, Tom. Thank you so much! Such great wisdom! It has confirmed much of what I've learned as a trader and energized me to improve my trading beliefs and thought process, and really accept and embrace pain.

  • @niro56
    @niro56 2 года назад

    Thanks Tom! Going forward to read that article.

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +1

      Good choice 👍
      Be aware that there is a part 1+2.

  • @johanna_gardner
    @johanna_gardner 8 месяцев назад

    Thank you … I appreciate your wisdom

  • @dg_crypto9186
    @dg_crypto9186 2 года назад

    Great video Tom, thank you for sharing!

  • @84sairen
    @84sairen 2 года назад

    Hello tom I really love these videos where you explain why and how you trade they are really helpful! Thanks Tom

  • @AhmedAli-tx2sy
    @AhmedAli-tx2sy 2 года назад +4

    I wish all the traders out there especially the beginners could watch this video to understand how to control their emotions while trading. i have been trading for two months now and ever since i started following you Tom my trading journey has incredibly changed. i may not be making a lot of money from my trades but i'm having a more number of successful trades than before. Thanks again for your efforts Tom!!!

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад +1

      That is great to hear 👍
      Few people master this business as fast as they would like to. But every journey starts with the first step. Then another and another and suddenly you are at your destination.

  • @lifedeepa7543
    @lifedeepa7543 2 года назад

    Tom ur absolutely amazing😘😘😘love u!!! Its so heart warming to see ur commitment day in day o🤗👍

  • @MarketManiaCA
    @MarketManiaCA 2 года назад

    Fantastic as usual Tom. Can't wait for the book

    • @LennieClausen_dk
      @LennieClausen_dk 2 года назад

      🙏 - release date is set to 15th Aug. 2022